Germany -- Foreign relations; World War, 1914-1918; World War, 1914-1918 -- Economic aspects
In those ways the seemingly modest little bank scheme which Friedrich
Weil with Crispi's help initiated in 1890, grew until it acquired the
influence of a State within the State. And then it began to discharge
functions unique in the history of the banking world. Its employees
became diplomatists and statesmen at a moment's notice, ended wars,
and drafted treaties. The Banca Commerciale put a stop to the campaign
against Turkey which was a thorn in the side of Teutonism and settled
the terms of peace in accordance with its own judgment. It was not an
ambassador or a minister who opened the pourparlers in Stamboul and
continued them at Ouchy, but an agent of the Banca Commerciale. It
was that same agent who immediately afterwards, in concert with
colleagues of his bank, negotiated the treaty, reporting by telegraph
to the headquarters of the bank in Milan every important conversation
he had with the Turkish delegates.[27] At a later date important
conversations between the British Foreign Office and the Consulta were
entered into in the name and for the alleged interests of Italy, but
the principal part in the drawing up of the terms of the settlement
arrived at was taken by Signor Nogara of the Societa Commerciale
d'Oriente,--the company which the concessions demanded were destined
to benefit. In fine, the parasite had thus become almost equal in
power to the body on which it battened.
[27] Signor Preziosi gives the names of those agents as MM.
Volpi, Bertolini and Nogara (_op. cit._, p. 71).
Public-domain text, read in full here on John Shaqi.
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